Bitwise's BHYP fund resumed buying Hyperliquid (HYPE) tokens with a $10.5 million purchase after a four-day pause, marking the largest daily addition since late August and bringing total acquisitions to $166.3 million. This renewed demand supports HYPE's price near $85.45, close to recent highs. Meanwhile, Hyperliquid burned 9,730 tokens worth about $829,500, permanently reducing supply and complementing the ETF's regulated demand. Together, these flows could influence HYPE's market dynamics, with price resistance near $88.06 and support around $83.70 shaping near-term trends.
On October 18, Bitcoin (BTC), Solana (SOL), Near Protocol (NEAR), and Hyperliquid (HYPE) traded close to their technical support ranges, showing mixed performance throughout the day. BTC hovered around $80,000–$81,000, SOL near $100–$102, NEAR at $4....
Hyperliquid repurchased and burned approximately 11,340 HYPE tokens over the past 24 hours at an average price of $78.55 per token, totaling about $890,900. This repurchase exceeded the estimated platform fee income of $764,900 for the same period by...
Hyperliquid has introduced new order priority rules on its testnet, requiring traders to delegate at least 10 HYPE tokens to access faster order handling through priority fees. These changes affect Standard accounts and certain transaction types, aim...
Pump.fun has introduced perpetual futures trading for cryptocurrencies like Bitcoin and Ethereum, as well as real-world assets such as the S&P 500 and oil, offering up to 50x leverage through Hyperliquid. This expansion marks Pump.fun's evolution fro...
In a three-hour window ending at 2 a.m. ET on October 17, $138.5 million worth of cryptocurrency was transferred, led by a $69.9 million Bitcoin transfer to OKEX. An unknown wallet sent 856 BTC to OKEX, while significant transfers of Hyperliquid's HY...
